Ripple has raised $500mn from investors including Ken Griffin’s Citadel Securities and Fortress Investment Group, valuing the stablecoin company at $40bn. The fundraising highlights the demand among investors for stablecoin groups as traditional financial institutions increasingly view the digital tokens as an important new form of payments. The US under Donald Trump has embraced the crypto industry. Congress passed landmark rules overseeing the stablecoin sector this year, paving the way for traditional Wall Street players to be more involved with the tokens. Other investors in Ripple in the fundraising included hedge funds Brevan Howard and Marshall Wace, and US crypto investors Pantera Capital and Galaxy Digital, the company said on Wednesday.  The investment round from big traditional financiers highlights their increasing appetite for crypto companies now that the industry has become more acceptable thanks to Trump’s government, which has made crypto a strategic national focus.

Full report : Stablecoin operator Ripple raised $500 million from Citadel, Fortress, and others at a $40 billion valuation and says payments made on its platform passed $95 billion so far in 2025.